David Stockman: Were Looking at a Debt Supernova - Infowars.com Article - 2 Videos (34:44, 12:18 minutes).
Author Kurt Nimmo
quotes David Stockman.
"Former Reagan OMB director David Stockman told CBN on Thursday the
stock market is teetering on the edge of a massive and unprecedented collapse.
I think it’s
pretty obvious that the top is in,” Stockman said, noting that the S&P 500 has traded at a historical low for most
of 2015. “It’s just waiting for the knee-jerk bulls, robo traders and dip buyers to finally capitulate.”
The Federal Reserve and central banks around the world have created a dangerous situation by manufacturing a monetary
bubble and a central bank-driven credit economy that will result in a “debt supernova,” Stockman warned.
“It has to do with the the fact that the world economy, including the U.S., is heading into what is clearly
going to be an epochal deflation to the likes of what we have never experienced in modern time,” he
added (my emphasis).
The whole global economy since 2008 has been driven forward by this massive
investment and construction and borrowing spree in China. The point that I’m making is that it’s over.”
You can't take it with you, but you can send it on ahead!
6:19-21 King James Version (KJV)
19 Lay not up for yourselves treasures upon earth, where moth and rust doth
corrupt, and where thieves break through and steal:
20 But lay up for yourselves treasures in heaven, where neither moth nor rust doth corrupt, and
where thieves do not break through nor steal:
21 For where your treasure is, there will your heart be also.
34 Jesus saith unto them,
My meat is to do the will of him that sent me, and to finish his work.
35 Say not ye, There are yet four months, and then cometh harvest? behold, I say
unto you, Lift up your eyes, and look on the fields; for they are white already to harvest.
36 And he that reapeth receiveth wages,
and gathereth fruit unto life eternal: that both he that soweth and he that reapeth may rejoice together.
37 And herein is that saying true, One
soweth, and another reapeth.
38 I sent you to reap that whereon ye bestowed no labour: other men laboured, and ye are entered
into their labours.
1 Corinthians 3:5-7
5 Who then is Paul, and who is Apollos, but ministers
by whom ye believed, even as the Lord gave to every man?
6 I have planted, Apollos watered; but God gave the increase.
7 So then neither is he that planteth any thing, neither
he that watereth; but God that giveth the increase.
Old Testament passage Daniel 12 :
1 And at that time shall Michael stand up, the great prince which standeth
for the children of thy people: and there shall be a time of trouble, such as never was since there was a nation even to that
same time: and at that time thy people shall be delivered, every one that shall be found written in the book.
2 And many of them that sleep in
the dust of the earth shall awake, some to everlasting life, and some to shame and everlasting contempt.
3 And they that be wise shall shine
as the brightness of the firmament; and they that turn many to righteousness as the stars for ever and ever.
4 But thou, O Daniel, shut up the words,
and seal the book, even to the time of the end: many shall run to and fro, and knowledge shall be increased.
5 Then I Daniel looked, and, behold, there
stood other two, the one on this side of the bank of the river, and the other on that side of the bank of the river.
6 And one said to the man clothed in linen,
which was upon the waters of the river, How long shall it be to the end of these wonders?
7 And I heard the man clothed in linen, which was upon
the waters of the river, when he held up his right hand and his left hand unto heaven, and sware by him that liveth for ever
that it shall be for a time, times, and an half; and when he shall have accomplished to scatter the power of the holy people,
all these things shall be finished.
8 And I heard, but
I understood not: then said I, O my Lord, what shall be the end of these things?
9 And he said, Go thy way, Daniel: for the words are closed up and sealed
till the time of the end.
shall be purified, and made white, and tried; but the wicked shall do wickedly: and none of the wicked shall understand; but
the wise shall understand.
from the time that the daily sacrifice shall be taken away, and the abomination that maketh desolate set up, there shall be
a thousand two hundred and ninety days.
is he that waiteth, and cometh to the thousand three hundred and five and thirty days.
13 But go thou thy way till the end be: for thou shalt
rest, and stand in thy lot at the end of the days.